PERTH (miningweekly.com) – A scoping study into the Lady Colleen copper project, in Queensland, has found that the project could produce 44 000 t of copper over a five-year period, at a C1 cost of around $2.78/lb. The scoping study is based on the construction of an opencut mine at Lady Colleen, with copper production to be sourced from both heap leach and flotation processing methods. ASX-listed Austral Resources on Wednesday revealed that the study had estimated a pre-tax internal rate of return of 38% over and a pre-tax net present value of A$60-million, and a pay-back period of 2.6 years. Austral MD and CEO Dan Jauncey said the company was thrilled with the results of the initial scoping study, which had exceeded expectations. “The overall performance of the project opportunity is a direct consequence of our team’s unwavering efforts to prove up the economic viability of the current proven copper resource at Lady Colleen. With the base case for building the mine now delivered, we are quickly moving to add to this exciting development. Our team is now progressing additional exploration activities that are expected to further upgrade the mine resource and flowing from this, viability metrics. “Ahead […]

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Leverage key digital trends in manufacturing to drive profits and grow your business Manufacturing sales will never be the same. The pandemic upped B2B consumer expectations and sent everyone online. Global sustainability demands are gaining ground. Manufacturers are being pressed to step up their digital capabilities. The promising news is that any manufacturing company that understands and responds to these changes can tap a massive revenue opportunity. An opportunity that enables superior buying experiences. Elevated brand reputation. Optimized processes. New revenue streams that were unimaginable 10 years ago. Find out how all this will play out for branded and industrial manufacturers, and how to set your business up to welcome the massive growth in B2B ecommerce that’s just around the corner. Read the ebook to learn about: The needs and expectations of the Gen Z B2B consumer How to leverage after-sales to boost revenues by 50% The what, when and where of digital product passports What it means to be a truly sustainable brand The new digital ecosystem of products and services Download it here .

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How to tell a compelling digital transformation story that boosts your share price getty Digital startup companies achieve extraordinary valuations in part by knowing how to tell a compelling story, crafting an exciting vision of their future that sends investors and analysts scrambling to jump on board. Established companies embarked on their own digital journeys can capture some of that same magic by learning how to tell their transformation stories in more powerful ways. Step 1: Establish a shared language for digital transformation A major key to success is having a shared, common language for thinking and talking about digital transformation. Such a language can help people across your enterprise view digital transformation in a more strategic and comprehensive way, instead of fixating on individual technologies and tactical implementation issues. Also, a shared language can help people in different roles and silos collaborate more effectively when planning and executing your digital transformation effort. We recommend a digital transformation language built around five key imperatives: Experiences . Using digital technology to create better experiences for customers, employees, and other key stakeholders. Insights . Using digital technology to generate new, actionable insights and activities that create business value and improve competitiveness, […]

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Digital transformation is on everyone’s agenda. But the hardest part of any transformation is not deciding whether to embark on it; it’s understanding whether you’re seeing distinctive returns on your investment. Organizations often struggle to determine which actions drive the most impact and which investments yield the most enterprise value. We examined which actions can increase the odds of transformation success, and we identified the actions that drive value: those that, when combined, can create outsized returns on tech investments and those that, when done in isolation, can destroy it. According to our analysis, the right combination of digital transformation actions can unlock as much as US$1.25 trillion in additional market capitalization across all Fortune 500 companies. But the wrong combinations can erode market value, putting more than US$1.5 trillion at risk. The takeaway: Getting digital transformation right takes more than just ambition and bold investments. Learn more The power of being intentional in both words and actions We applied data science to a decade of public shareholder filings, investor relations statements, and financial data. This covered more than three million pages of financial disclosures for 4,651 US and global firms listed on the New York Stock Exchange. The […]

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The office is expected to help accelerate the adoption of the company’s innovative digital technologies for clinical research across the region Image credit: prnewswire China-based Taimei Technology, a digital cooperation platform for the life science industry, has announced the opening of its new office in Singapore. The office, strategically located in one of the world’s financial centres as well as one of Asia Pacific or APAC’s economic and cultural centres, is expected to help accelerate the adoption of the company’s innovative digital technologies for clinical research across the region and provide local customers with better services and experience with the support of local resources, while working with Taimei’s partners to improve the application of digital technologies in regional clinical research and empower pharmaceutical innovations. Taimei Technology chairman and CEO Lu Zhao said, "With our Drug R&D Digital Cooperation Platform TrialOS, we have built a complete digital product system for clinical research and pharmacovigilance. Looking ahead, Taimei Technology plans to focus on its growth by increasing its investments in the APAC market through the new Singapore office, and facilitate the implementation of additional collaborative projects." Taimei Technology vice president, general manager of clinical research BU and APAC head Nate Zhang […]

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By optimizing processes, engaging stakeholders early on and facilitating long-term strategic planning, Kaizen can help set the stage for digital transformation success Add bookmark digital transformation kaizen Organizations rely on Kaizen to drive innovation, collaboration and customer experience – three core elements of digital transformation. In this article, PEX Network makes the case for formally integrating Kaizen methodology into a digital transformation strategy. Contents: Why and when to apply Kaizen to digital transformation At first glance, Kaizen and digital transformation may seem diametrically opposed. Kaizen, with its roots in manufacturing, emphasizes small, incremental improvements. In contrast, digital transformation is often associated with rapid change, disruption and agile development techniques. “Kaizen and digital business transformation are quite different”, Jun Shinohara, a managing director at Accenture Japan, explained to Field Service Digital in a 2020 interview. “Digital transformation is about truly rethinking and creating an entirely new future for the company, and then coming up with a plan and a road map to get there”. Kaizen, however, is a stalwart enabler of process excellence and cultural change, two essential ingredients of digital transformation success. When applied alongside its two lean counterparts, Kaikaku (radical change) and Kakushin (innovative change), Kaizen not only […]

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This is a machine translation of Kyndryl ‘s press release São Paulo, February 14, 2023 – Kyndryl, the world’s largest provider of IT infrastructure services, and Microsoft today announced the launch of their first Center of Excellence in Latin America, with multidisciplinary teams distributed in Brazil, Colombia, Mexico and Peru. The CoE combines Kyndryl’s experience and understanding of mission-critical IT systems and the Microsoft Cloud to help companies in the region accelerate their journeys towards digital transformation. Companies across Latin America have identified the need to modernize their IT structures and legacy systems by migrating to cloud environments, allowing them to increase speed and agility in their hybrid cloud strategy. According to IDC, the cloud market in the region will grow by more than 30% through 2023. However, skills shortages and the complexity of managing hybrid cloud environments are inhibiting the speed of transformation initiatives. The Center will serve as a central hub of information, resources and skills related to Microsoft technologies to support enterprise customers throughout Latin America. Kyndryl experts focused on solutions, consulting and managed services will work alongside Microsoft architects and technical staff to co-create replicable assets, conduct proofs of concepts (PoCs) and adopt best practices […]

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TAIWAN’S China Airlines has joined a substantial list of major international carriers which have jettisoned their outdated legacy freight management systems in favour of streamlining their global cargo operations with digital disruptor IBS Software’s single integrated iCargo platform, writes Thelma Etim . The move will enable the Taiwanese carrier to progress further with its ongoing digitalisation strategy, says a statement. Eddy Liu, senior vice-president of cargo at the airline, points out that China Airlines Cargo has been involved in an ongoing programme of modernising its digital capabilities for a number of years. “However, we have seen the [industry’s] evolutional change in digital sales and operations since COVID-19, and I believe software-as-a-service (SaaS) is the right solution we are looking for,” he underscores. “We expect to build up a strong partnership with IBS Software to realise faster time-to-market for our products and services without compromising compliance of data integrity,” Liu adds. The new single platform covers sales, import and export operations, air mail handling, revenue accounting, rating and manifesting and also provides automated digital technology “for maximum efficiency and opportunities for sales management,” the statement points out. American Airlines Cargo, Singapore Airlines, Etihad Cargo, Lufthansa Cargo and Taiwan’s passenger carrier […]

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Attaining a full digital economy was the major discussion of the second General Assembly of the Digital Cooperation Organisation (DCO) in Riyadh, Saudi Arabia. ADEYEMI ADEPETUN, who was there, writes on the readiness of member countries to make this a reality. The unprecedented disruption by COVID-19 is accelerating the urgency for agility, adaptability and transformation. Industry structures and business models are being disrupted – and the digitalisation of the economy is being rapidly accelerated. The World Economic Forum estimates that 70 per cent of new value created in the economy over the next decade would be based on digitally enabled platform business models. Indeed, harnessing the global digital economy estimated at $11.5 trillion, which translates to about 16 per cent of the global economy, formed the major crux of discussion at the second general assembly of the Digital Cooperation Organisation (DCO) in Riyadh, Saudi Arabia. The DCO, established in November 2020, as a partnership to pursue common values and goals in the digital economy, between Saudi Arabia, Kuwait, Bahrain, Pakistan, and Jordan, seeks to promote shared digital aspirations among member nations for economic diversification and increases social prosperity through the growth opportunities available across the digital economy, and public […]

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Ku Hyeon-mo, second from right, Oyun-Erdene Luvsannamsrai, third from left, prime minister of Mongolia, and other Mongolian government officials take a look KT’s data center in Yongsan-gu, Seoul, Tuesday. Courtesy of KT By Baek Byung-yeul KT is supporting Mongolia’s bid to achieve a digital transformation. The Korean telecommunications company, whose business portfolio ranges from telecoms and cloud computing to media and finance, inked a cooperation agreement with Mongolia on Wednesday. KT said it signed cooperation agreements with a delegation from Mongolia, led by Prime Minister Oyun-Erdene Luvsannamsrai, not only for digital transformation but also for securing mineral resources and digital financial business opportunities. "The meeting served as an opportunity to check the current business status and future direction and to further strengthen business cooperation with Mongolia," Moon Sung-wook, head of KT’s global business, said. "By cooperating with Mongolia, we will make our best efforts to contribute to the development of Korea," Moon added. As part of the cooperation agreement, KT and local cable manufacturer LS C&S signed a memorandum of understanding (MOU) with Mongolia’s Monnis Group to import mineral resources such as rare earth elements. The three parties will jointly verify business feasibility. They are also looking for ways […]

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